Carter's Q1 Earnings Beat Estimates, Stock Down on Paused Guidance
CRI's Q1 results show a mixed performance, beating estimates but declining year over year amid macro pressures, leadership transition and tariff uncertainties.
Carter's, Inc. (CRI) Q1 2025 Earnings Call Transcript
Carter's, Inc. (NYSE:CRI ) Q1 2025 Earnings Conference Call April 25, 2025 8:30 AM ET Company Participants Douglas Palladini - Chief Executive Officer & President, Director Richard Westenberger - Senior Executive Vice President, Chief Financial Officer & Chief Operating Officer Kendra Krugman - Senior Executive Vice President, Chief Creative & Growth Officer Sean McHugh - Vice President & Treasurer Conference Call Participants Jay Sole - UBS Ike Boruchow - Wells Fargo Paul Lejuez - Citi Christopher Nardone - Bank of America William Reuter - Bank of America Operator Welcome to Carter's First Quarter Fiscal 2025 Earnings Conference Call. On the call are Doug Palladini, Chief Executive Officer and President; Richard Westenberger, Chief Financial Officer and Chief Operating Officer; Kendra Krugman, Chief Creative and Growth Officer; and Sean McHugh, Treasurer.
Carter's (CRI) Tops Q1 Earnings and Revenue Estimates
Carter's (CRI) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $1.02 per share a year ago.
Carter's Q1 Earnings on Deck: Will Adverse Trends Hurt Performance?
CRI's first-quarter results are likely to reflect the ongoing effects of a tough macroeconomic backdrop, rising inflation and increased promotional activity.
Carter's Shares Plunge 31.4% YTD: What's Next for Investors?
CRI witnesses inflation and other macroeconomic headwinds. Higher costs also remain deterrents.
Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Why Is Carter's (CRI) Down 1.4% Since Last Earnings Report?
Carter's (CRI) reported earnings 30 days ago. What's next for the stock?
Kids Retailer Carter's Announces New CEO Amid Stock Slump
Child and baby retailer Carter's (CRI) announced on Wednesday the appointment of Doug Palladini as its next CEO.
Carter's Stock Dips 6.6% Post Q4 Earnings: Time to Buy or Stay Put?
CRI faces near-term pressures from U.S. Retail weakness, rising costs and macro pressures, which overshadow its Wholesale business growth.
Pop Mart Collectibles Store To Open First CT Store At Norwalk Mall
NORWALK, CT — Pop Mart, a popular toys and collectibles store franchise, is set to open its first Connecticut location at the SoNo Collection mall this month. A sign teasing the store's opening was spotted at the mall, located at 100 N Water Street in Norwalk, in late February. While representatives for Pop Mart could not be immediately reached for comment, the company announced this week on social media the Norwalk store will officially open at the mall Saturday. "Save the date for something big," the announcement reads. "We're thrilled to announce the grand opening of our official store at the SoNo Collection in Connecticut! Join us on [March 8] to celebrate, explore our new space and enjoy exclusive opening specials. Don't miss out...we can't wait to see you there!" The store will be located on the mall's first floor, next to Casper and across from Abercrombie & Fitch, near the Nordstrom department store. To celebrate the grand opening, Pop Mart will offer a number of opening specials at the SoNo Collection store. Pop Mart is known for selling collectible designer toys, accessories and other similar items, many of which are sold in surprise "blind boxes." The company is based in China and has a number of store locations in the U.S., including New York and New Jersey, however the Norwalk store will be the company's first location in Connecticut. The opening will mark another strong new addition to the SoNo Collection's roster of stores, restaurants and experiences over the past year. In September, signs teasing new Hot Topic, Carter's and GameStop stores could be spotted on the mall's third and second floors. Sally's Apizza, arguably one of Connecticut's most famous pizza shops that originated in New Haven nearly a century ago, confirmed in January its long-anticipated Norwalk restaurant will open at the SoNo Collection sometime between April and June.
Carter's Stock Continues To Slide, Won't Be Attractive Until Sales Stabilize
Carter's, Inc. posted positive Q4 2024 sales growth but guided for a challenging FY25 with lower sales, margins, and higher SG&A expenses due to market and competitive pressures. Wholesale and international segments drove sales growth, while retail faced margin challenges due to price discounts and lower entry prices. The company expects a 30%+ drop in operating profits and EPS decline to $3.2-$3.8 in FY25, with significant margin pressures.
Carter Q4 Earnings & Sales Surpass Estimates, Stock Down
CRI's Q4 results show marginal sales growth, but profit falls due to higher freight costs, intense promotional competition and macroeconomic challenges.
